Nutrition, health and wellness product manufacturer and retailer[GNC Holdings Inc.] received the final $150m in Chinese firm Harbin Gloria Pharmaceuticals Co. Ltd.'s previously announced $300m strategic investment and has launched a Hong Kong-based China e-commerce JV with Harbin. Pittsburgh-based GNC on Feb. 13 said the firms plan a second-retail-focused JV in China likely in the 2019 second or third quarter following the completion of regulatory and legal requirements. GNC announced it cleared its hurdles with China’s regulatory agencies in November to receive the Harbin investment. (Also see "Health, Beauty And Wellness News: Vitamin Shoppe Trims Loss, GNC Closes Hayao Pact, AlchemLife In US" - HBW Insight, 8 November, 2018.)
Separately, GNC announced Feb. 20 it launched its “Programs That Fit” campaign with GNC “experts” suggesting products to help customers develop personal programs to meet diet and lifestyle goals